.it won't be long SGR gets removed from XJO which would be glad...

.it won't be long SGR gets removed from XJO which would be glad to lose a major drag.

.and over next 10 years XJO will probably make new highs, without SGR. So we are led to believe Better for Longer. Dogs have been removed.
ASX suspends Star for failing to report results

Joshua Peach

Star Entertainment shares will not trade this morning, after the ASX suspended the embattled casino operator for failing to lodge its financial report last week.

Star shares were halted on Friday after the release of a report, authored by Adam Bell, SC, into its ability to run the Sydney casino precinct. The company was expected to release its results on Friday.

The halt also came hours after a report in The Australian Financial Review that Star was preparing to announce a $1.4 billion write-down of its casino assets and a major cost-cutting program.

Over the weekend, sources said Star was seeking near-term financing to help it trade through an uncertain market over the next six months and retain its casino licence in Sydney. As of Sunday afternoon, no deal had been struck with any lenders, investors or governments.